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Saving involves setting aside a portion of your current income to meet future needs.
It refers to income that is not spent or expenses that are postponed.
Saving your money provides a safety net for financial emergencies.
Investing the money you save is essential to building wealth over the long term.
Saving money is crucial for building wealth, paying down debt, and achieving financial security.
It allows you to take calculated risks with your investments since you have funds set aside for emergencies. With savings, you can invest more freely, helping you reach your financial goals.
Brief
Life is a journey filled with wonder, challenges, and a range of emotions. We experience broken hearts, extreme highs and lows, celebrations, and memorable moments that shape our human existence. These planned and unexpected events influence our path and define our purpose.
Our lives revolve around money, the medium through which all our transactions happen. Cash provides a safety net, shielding us from life's uncertainties. It allows us to cover our basic needs—food, shelter, and healthcare—and grants us peace of mind. Knowing we have the resources to weather unexpected expenses or emergencies contributes significantly to our overall well-being.
Life Journey financial planning is a holistic approach to managing personal finance that considers an individual’s values, goals and life stages. It aims to create a customised financial strategy that helps individuals achieve their short-term and long-term objectives while maintaining emotional stability and well-being.
Details:
Publication date: 2025-01-09
ISBNs: 979-8306402291 (paperback)
Length: 106 pages
Available@
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Ebook GGKEY:44YLY9YG8EP
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Ebook https://www.amazon.in/Art-Saving-Money-Financial- Beginner-ebook/dp/B0DSJT2538/ref=tmm_kin_swatch_0
Paperback https://www.amazon.in/Art-Saving-Money-Financial- Beginner/dp/B0DSLMSTCP/ref=tmm_pap_swatch_0
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